News Snapshot:
The Fluxys gas terminal at the Belgian port of Zeebrugge. The price of European natural gas has fallen below €50 per megawatt hour for the first time in almost 18 months. Photograph: Yves Herman/AFP The price of European natural gas has fallen below €50 per megawatt hour for the first time in almost 18 months, a landmark moment in the energy crisis as mild weather and ample storage helped temper once runaway prices. European gas prices have fallen as much as 85 per cent from their peak of more than €300/MWh in August 2022, when Russia’s deep cuts in supplies...
